SIRI: Falling Wedge detected on 15 Sep 2026
All prices, scores, and news on this page reflect data available before market open on .
Browse all Falling Wedge detections →On 15 Sep 2026, our scan flagged SIRI as a falling wedge setup scoring 60 out of 98 (Moderate tier), with a 54% win probability based on our historical pattern database and a 0.65 to 1 risk to reward profile from the published levels. This is a swing trade setup: win probability reflects a multi-day swing hold, not an intraday move. At $29.37, the conservative target is $30.64 with a stop at $27.41.
Overall Score
60
of 98
Moderate
Win Probability
54%
Low
Trade R:R
0.65
: 1
$1.27 to target
$1.96 to stop
Swing Trading Plan
Entry
$29.37
Target
$30.64
Stop Loss
$27.41
Holding Period
2-8 trading days
Expected Return
+$0.15
Exp. Reward
+$0.53
Exp. Risk
-$0.38
Expected figures are probability-weighted from our historical pattern database; Trade R:R is measured from the entry, target and stop levels.
Current Setup
SIRI is forming a falling wedge pattern with a structure score of 11.0 and breakout score of 12.0, indicating moderate pattern quality. The stock sits at $29.37, testing resistance near $29.64 while supported above $27.03. Volume is light at 2.3M shares (67% of 20-day average), suggesting limited conviction behind current price action. RSI at 53.72 shows neutral momentum. The pattern targets $30.64 conservatively, representing 4.3% upside. Overall pattern score of 60.0 reflects modest technical setup quality with 54.24% historical win probability.
Stock Context
Q2 2026 saw revenue and subscriber growth, record-low churn, and strong advertising momentum, leading to raised full-year guidance. Sirius XM provided 2026 full-year guidance for total revenue of approximately $8.5 billion, adjusted EBITDA of approximately $2.6 billion, and free cash flow of approximately $1.35 billion. Deutsche Bank upgraded Sirius XM to Buy with a $45 price target, while Barrington raised its price target to $36 from $33 maintaining an Outperform rating following the Q2 report. Shares rallied 7.5% on September 2, 2026 following analyst commentary on digital advertising opportunities. However, Goldman Sachs maintained a Hold rating on September 11, 2026. The stock is up 7.74% over three months, gaining traction after Q2 earnings.
What to Expect
A successful wedge breakout would require SIRI to clear the $29.64 resistance level with above-average volume confirmation—currently trading 33% below normal daily volume is a weakness. The measured move target of $30.64 represents the minimum expectation if overhead resistance breaks. The pattern invalidates below $27.03, representing a -7.9% downside risk. With a 54.24% win probability and structure score of 11.0, this setup shows marginal reliability—slightly better than a coin flip but constrained by weak volume participation and moderate technical structure quality.
Risk Factors
Volume participation is notably weak at 67% of average, reducing breakout conviction. The Consumer Discretionary sector is in a bearish regime (-0.67 score), and the broader market is also bearish (-0.23), creating headwinds. Investors remain skeptical about sustainability of growth, given that Sirius subscribers have been in decline since the end of COVID. Sirius XM has substantial debt obligations totaling $9.427 billion with $1.25 billion due in 2027, creating refinancing risk. Beta of 0.14 suggests limited volatility but also reduced upside leverage. Pattern structure score of 11.0 is below-average, and Q2 momentum may already be priced in after the recent 7.5% daily rally on September 2.
Sources:
SIRIUS XM HOLDINGS INC. - Form 10-Q - FY2026
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SIRIUS XM HOLDINGS INC. - Form 8-K - FY2026
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Press Releases :: Sirius XM Holdings Inc. (SIRI)
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SIRI Stock Quote Price and Forecast | CNN
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SIRIUS XM HOLDINGS INC. - Form 8-K - FY2026
·
News & Events :: Sirius XM Holdings Inc. (SIRI)
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SIRIUS XM HOLDINGS INC. - Form 8-K - FY2026
·
Sirius XM Holdings Inc. (SIRI)
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Sirius XM Holdings (SIRI) Stock Price & Overview
·
Why Sirius XM Holdings Rallied Today | The Motley Fool
How We Find and Score This Setup
We scan more than 6,000 NYSE and NASDAQ stocks every trading day and compare each detected pattern against a database of 370,000+ historical detections. Every setup is scored across three dimensions: Structure, Volume, and Breakout Readiness. Win probability is a calibrated estimate of how similar historical setups performed over the following 10 trading days. This is a swing trading tool built for multi-day holds. It is not built or tested for day trading.
Frequently Asked Questions
Is SIRI a good swing trade?
SIRI scored 60 out of 98 on our falling wedge scan, with a 54% historical win probability over a 2-8 trading days hold. Moderate setup based on our systematic scoring.
What is the entry, target, and stop loss for this setup?
The setup's reference price is $29.37, with a conservative target of $30.64 and a stop loss at $27.41.
What would invalidate this falling wedge setup?
A close below the stop loss at $27.41 would invalidate the setup and suggest the pattern has failed.
How is the win probability calculated?
Win probability is a calibrated estimate of how similar historical falling wedge setups performed over the following 10 trading days, drawn from a database of 370,000+ historical pattern detections across 6,000+ NYSE and NASDAQ stocks.
Market & Sector Regime
Market
Bearish
-0.24
-1.0
0
+1.0
Consumer Discretionary Sector
Bearish
-0.67
-1.0
0
+1.0
Overall Score
30
of 40
Pattern Quality
14
of 20
Setup
9
of 20
R/R
7
of 18
Context
Pattern Quality Score
11
of 15
Structure
12
of 13
Breakout
7
of 12
Volume
Recent Performance
Momentum & Trend
RSI (14)
53.7
Neutral
MACD Histogram
+0.09
Bullish
Bollinger Band Position
80.4%
Upper Zone
Volatility & Risk
20-Day Volatility
0.34
Moderate
ATR %
2.7%
Medium
Beta
0.14
Defensive
Volume Analysis
Volume Ratio
0.67x
Below Avg
20-Day Avg Vol
3.4M
shares / day
Current Volume
2.3M
shares traded
Price Levels
52W High
$32.36
Target
$30.64
Resistance
$29.64
Current
$29.37
Stop Loss
$27.41
Support
$27.03
52W Low
$19.15
Disclaimer: This analysis is algorithmically generated for educational purposes only and does not constitute financial advice. Past pattern performance does not guarantee future results. Win probabilities are based on historical data across 370,000+ observations. Always conduct your own research and consult a qualified financial advisor. AI-assisted contextual analysis by Claude (Anthropic). Indicators reflect values at time of detection.